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NC Tobacco Production Contributes to Black Market Cigarettes
Written by Bruce Ferrell   
Saturday, 16 August 2014 09:19

RALEIGH -- Organized crime has a new source of funding that's rooted partly in North Carolina. Cigarette trafficking is now grossing in over 5.5 billion dollars annually from black market trades.

While cigarette trafficking is a multi-national industry, it is especially strong right here at home. However, with limited police force and lacking legislation regarding the issue, it's difficult to get a handle of. Rich Marianos, a retired A-T-F agent, says that the new tobacco road stretches all across the Eastern Seaboard.

 

"The black market that we are concentrating on with the new tobacco road is all along I-95. From Miami, through the Carolinas, from Virginia into New York, even as far as Maine."


Marianos says that a pack of cigarettes bought in North Carolina and sold in New York equates to nearly ten times the profit because sales taxes are much higher in the northeast.

Last Updated on Saturday, 16 August 2014 09:23
 
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